We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
My Experience - Thames Valley Housing Association - My Choice Homebuy Scheme
Options
Comments
-
withoutatrace wrote: »We are still waiting....We are going to give it until 3 o clock and then we will try to phone them. I am seriously expecting an extended time scale or bad news!!
I really hope not, for your sake... and sanity!!
Let us know how it goes!
Good luck! Offer accepted on new home - 23/04/09
Days left to count hair loss - LOTS! :eek:0 -
OH yes Chelsea DPM do let us know! Has anyone else had any good news?0
-
Is no news good news? I am biting my nails in anticipation hoping that someone has had some joy !0
-
I am afraid you will be dissapointed!
So, we wait until 3 before phoning and still no news, but TV say they will call back- and, shock, horror, this time they do! However, news is not good: apparently the panel IFA made a mistake with the figures, and we need to take a smaller mortgage and larger loan, something to do with percentages...(despite already having a mortgage agreement in principle) They said they couldn't get through to financial advisor, but that we would have to resubmit forms. So we phone FA and get straight through, and he does not know what they are talking about, so we insist that he sorts it out. On speaking to them he says that he has done nothing wrong, as the loan /mortgage ratio is up to their discretion, but we should not have to resubmit anything...The lady at TV was only in til 4, so we can do nothing more until tomorrow, but it isn't looking good...
They said it had all been checked and just had to be signed off last week! I think they just make it all up as they go along...0 -
I hate to say this because it makes me feel bad
but we have been told today that we have been approved and can proceed! Offer accepted on new home - 23/04/09
Days left to count hair loss - LOTS! :eek:0 -
Ah no, they seem to make one thing up after another! But well done LouB06, I am really pleased for you at least one of us has got somewhere, we have our last hope tomorrow, when our IFA is back, for him to have it out with them... Another restless night and too much comfort snacking! But I'm not too hopeful, hence we have been to look at new properties to rent today, boo hiss0
-
withoutatrace wrote: »I am afraid you will be dissapointed!
So, we wait until 3 before phoning and still no news, but TV say they will call back- and, shock, horror, this time they do! However, news is not good: apparently the panel IFA made a mistake with the figures, and we need to take a smaller mortgage and larger loan, something to do with percentages...(despite already having a mortgage agreement in principle) They said they couldn't get through to financial advisor, but that we would have to resubmit forms. So we phone FA and get straight through, and he does not know what they are talking about, so we insist that he sorts it out. On speaking to them he says that he has done nothing wrong, as the loan /mortgage ratio is up to their discretion, but we should not have to resubmit anything...The lady at TV was only in til 4, so we can do nothing more until tomorrow, but it isn't looking good...
They said it had all been checked and just had to be signed off last week! I think they just make it all up as they go along...
Surely though they have already reserved the funds for you but that is so stupid if they make you re-submit everything again. Hopefully the FA will sort it out with them. Its just another delay that you dont need.
I hope they sort it out for you VERY soon!Offer accepted on new home - 23/04/09
Days left to count hair loss - LOTS! :eek:0 -
We have had the funds reserved for us too, ours was 20%. Then it all went pear shaped. All that was needed for us was for the assessor to sign it off. It's bad really, seems to be a lot of incompetencies... Ho hum, tomorrow is D Day0
-
Well done LouB06, dont feel bad!
The silly thing is it is just a technicality, they say they have to give us more money in loan for, bit it is such a small amount, probably less than £2000, that we could pay ourselves anyway! Oh well, we will try again tomorrow. The FA says we are lucky to have got this far...
And good luck MissPixieWix, let us know how you get on!0 -
Lou that is excellent news! So does that mean you know have the confirmed bit of paper in your hand? what does it say, we are all dying to find out....
So whats the total waiting time since they received your paperwork?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards